April 2015 blog posts

Tesco posts worst ever results

tesco

Supermarket chain, Tesco, has reported a (pre-tax) loss of £6.4 billion, the worst result in its history. This compares starkly with the chain’s performance last …

UK Credit card rejection hotspot announced

Red symbol of ban on colorful credit cards.The town in the UK where applications for a credit card are the most likely to be rejected has been named as Kilmarnock in Ayrshire, …

Drop in demand for higher value mortgages in the UK

Mortgage debt denialMany commentators are predicting that the forthcoming general election will impact on the property market in the UK.

According to data published by the Bank …

London lagging behind on property price increases

Giving house keysIncreases in property prices nationwide are predicted to do better than those in the capital for the first time in six years, according to a …

Service Sector in UK picking up speed

Daily news newspaper headline reading good newsThe UK services industry saw the fastest increase last month since August 2014, according to a well-respected survey by Markit.

The PMI (Purchasing Manager’s Index) …

Bank of England announces new stress tests

stacked coinsThe Bank of England is to inflict a number of tests on leading UK banks to establish whether or not they would withstand a number …

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